ST Alpha - "so they amended the plan to go to a Yearly match, technically they have to put that money in within 90 days" (Reading a Post)

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In response to "Random 401k thing. A couple of years ago, my employer stopped giving our 401k employee match in each paycheck" by ty97

so they amended the plan to go to a Yearly match, technically they have to put that money in within 90 days

Posted by tRuMaN (aka Truman) Oct 20 '17, 08:32

or pay additional penalties (i.e., pay you for part of the lost earnings).

Responses:

isn't it 90 days from the filling of the corporate tax return? -- nm - decline Oct 20, 08:39 2
- I dont think so, but I could be confusing that with another penalty. I only had two plans that did non-payperiod matches, and both made their year - tRuMaN Oct 20, 08:42 1
  - I just double checked. In order to apply the match to the prior year, it must be funded prior to the tax filling (probably why you saw it in March) -- nm - decline Oct 20, 08:51
I know nothing about this. I just know I get a lump into my 401K around 12/31 every year. -- nm* - ty97 Oct 20, 08:36

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